Long
BCH long
looks like BCH:USD just completed its first 4 elliott waves, this one might be the fifth which might take us to 1300+.
originally, i thought 800 would be the max but with segwit2X cancelled and all the bch hype/ btc dumping, bch is looking to continue rising for a while.
Analyzing the RSI's for the 15 min graph, they all look undervalued and will soon bounce back.
Also, since the mental barrier of one thousand USD is broken, i strongly believe after this small correction we'll see prices soaring over 1000.
Stoploss at 880 however, since this is uncharted territory and if it crashes it can go a very long way.
Good luck!
originally, i thought 800 would be the max but with segwit2X cancelled and all the bch hype/ btc dumping, bch is looking to continue rising for a while.
Analyzing the RSI's for the 15 min graph, they all look undervalued and will soon bounce back.
Also, since the mental barrier of one thousand USD is broken, i strongly believe after this small correction we'll see prices soaring over 1000.
Stoploss at 880 however, since this is uncharted territory and if it crashes it can go a very long way.
Good luck!
Note
BCH:USD 900 , queue the bass boosted inspirational music and pray for the gods to invest their money too.Note
after 30 minutes of listening to that inspirational 200% volume music, it seems the gods are finally coming through! come on btc holders, take our hand and come into the light :)Note
guys, i would hate to be a false prophet so i'd like to add that theres a possible head and shoulders forming, hopefully we can break through it quickly enough, but if we don't, be careful.
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